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Serve Robotics (SERV) Partners With White Castle for Autonomous Delivery on Uber Eats

Serve Robotics Inc. (NASDAQ:SERV) is one of the 12 most promising small-cap industrial stocks under $30.

On March 11, Serve Robotics Inc. (NASDAQ:SERV) entered into a partnership with White Castle, which involves delivering the brand’s menu through Serve’s autonomous delivery robots on Uber Eats. One of Serve’s self-governing sidewalk robots may now deliver White Castle meals to customers in the delivery zone.

Pixabay / Public Domain

The collaboration increases Serve’s visibility on the Uber Eats network. A Serve robot with a Crave Case will soon seem like a logical continuation of the White Castle experience, according to CEO Ali Kashani. White Castle is an iconic brand that helped establish quick & easy dinners, and the firm is excited to carry on that legacy.

On March 11, Serve Robotics Inc. (NASDAQ:SERV) reported its fourth quarter EPS of (34c), narrower than consensus estimates of (54c), while revenue came in ahead of street expectations at $882,000. The results highlight continued operational progress and expansion during the year. Commenting on the performance, Co-founder and CEO Dr. Ali Kashani stated:

“What our team accomplished last year is extraordinary. We went from operating in a single city to running the largest autonomous sidewalk fleet in the country, and we did it while delivering near-perfect reliability and surpassing our financial targets, but what excites me the most is the durable flywheel we’ve built and enhanced with four strategic acquisitions. Physical AI improves with real-world data, better AI makes the fleet more valuable, and a more valuable fleet funds the next turn of the cycle – from city sidewalks to hospital corridors.”

Serve Robotics Inc. (NASDAQ:SERV) is a maker of AI-powered low-emission robotic carriers that help in sidewalk food delivery in public places. Their self-driving delivery robots make the delivery process highly economical and efficient for consumer convenience.

While we acknowledge the risk and potential of SERV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SERV and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

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